Chesapeake gives 2014 guidance on production and capex
On February 6, Chesapeake announced major guidance for its 2014 fiscal year. Major points that the company spoke about were its planned production growth, how much it planned to spend on capital expenditures such as drilling new wells, and where it planned to concentrate its activity.
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The company held a call to discuss its guidance with Wall Street analysts. Plus, CHK also gave an update on its production rates as of December 2013. We’ll discuss and explain the major points of Chesapeake’s guidance in this series.